Dull
S.S. "BENARTY”
Sailing for LONDON, ROTTERDAM, ANTWERP, HAMBURG, HULL and LEITH on or about the 9th Jane.
Cargo will also be accepted on through Bill of Lading to the usual transhipment ports.
Next Sailing for SHANGHAI & JAPAN
S.S. "BENMACDHUI” 25th May.
For Freight and Passage upply to :-
Tol 22533
W. R. LOXLEY & CO., (CHINA) LTD.
York Building.
Agenta:
il
THE BEN LINE STEAMERS, LTD.
HONG KONG DAILY
THE EXCHANGE MARKET
MESSRS. ROZA BROS.
Hong Kong, May 11. Ready Sliver was unchanged yesterday but the Forward rats rose 1/18, the quotations being 20 3/8 for Ready and 20-1/2 for For- ward. Suver advices reported In- dia as having bought. Speculators operated both ways. The market closed steady. After the official fixing there were some inquiries at the fixed rate but sellers were BCATCC. American Sliver was quoted at 45 for Spot.
The London-New York cross- rate was quoted at 493.80. New York-London was quoted at 493.- 16/16.
NEW
New York: May 11.
1936/7
QUOTATIONS
High Low Dow Jones Averages 194.40 143.11 50 Industriais
84.46 40.66 20 Bail
37.64 98.83 20 Utilities. 108.01 98.92 40 Bonds
82.44 55.58 11 Commodity Index 74799
神
New York/London Cross-rate New York Cotton-July Dec. New York Rubber-July Chicago Wheat -July July Chicago Coru Silver-Official
· 19.70 21.47 22.80 31.63
124 115
117 118 1100 117 119 118 45
45
1 off
unch saged
May 8.
175.00
60.14
29.23
101.72
May 10, High Low Close Obange 176 19 178.78 173.01 280 öf 69.88 38.61 48.61 1.63 off 10.13 28.68 28.73 50 off
101.85 73.71 Business Dono:-780,000 shares.
.17 off 1.01 off
Last Sale
MARKET
Stock Adams Express
May 8 10
Stock*
18
- 171
Great Northern Aly. 544.
Lost Balk May 8 10
521
r
Allis Chalmers
631
621
Great Western Sugar: 36
35.
STERLING
Amer, "Canqu
∙1014
1001
Holly Sugar Corpn.
·
There were sellers at 1/2 29/32 May-December, buyers 1/2
at 15/16 for any delivery. No busi- ness was reported
Am. Car & Foundry
Humble Of
773
762
Amer. Cyanamid
301
30
Int. Nickel
'617"
592
Amer. & For. Power Amer, & For, $7 pt. Amer. Locomotive Amer. Metals....... Amer. Radiator
8
BI
Int. Tel. & Tel. ......
101
102
53 *
534
Inc. Dept Stores.
27+ 26
Amer, Rolling Mill Amer. Smelting -.
Amer, Steel F'ärtes.. 541 Amer. Sugar" ........... 46 * Amer. Tel. & Tel.. 167 · · Amer; Tobacco ""B", 81+ Amer, Waterworks... 20 Anaconda Copper ... Atchison, T. & S. Fe. Atlantic Refining Atlas Corpn.......... Auburn Motora...... Baldwin Locomotive
$ cum. pf........ 96 * Baltimore & Ohio... 341 Barnsdall O!! Bendix. Aviation ..... Bethlehem Steel
Boeing Airplane Borden Co.
Briggs M'facturing 46 Brooklyn-Manhattan
Trans
Brooklyn-Manhattan
$6 cum, pf.......... 774 Case, J.1.
Canadian Pacific .... 137 Celanese Corpn. of
America
Cerro de Pasco
Certain-Teed P'ducts 181- Chesapeake Chesapeake & Ohio 581 Chrysler Corpn.
..... 1154 Columbla Gas 13 Columbla 8% "A" pl. 943 Commercial Credit 631 Commercial Solvents 152 Commonwealth & S 23 Commonwealth $8
cum. pr. Consolidated Edison 384 Consolidated O Continental Off Corn. Products Curtiss Wright (C) Curtiss Wright "A"
Delaware & Hudson
Del Lackawanna &
Western ....... 131 Distillers Corpn Sea.
Elec. Bond & Share
$5 pf.
Elec Power & Light 199 Elec Power & Light
$7. pf.
Gen. Electric
Gen. Foods Gen. MotorTA
50
Cents
LOCAL DIRECTORY
A
OF
HONG. KONG
(Including List of Factories)
50 CENTS PER COPY
BOOK HANDY
INVALUABLE
FOR BUSINESSMEN IN HONG KONG
NOW ON SALE
PRINTED AND PÜBLISHED BY
HONG KONG DAILY PRESS, LTD.
Tel. 30251.
ABS
MARINA HOUSE
3RD. FLOOR,
;
15-19, QUEEN'S ROAD.
Quick,
BSCESSES, ulcers and bad legs may be caused by a simple knock or scratch or by excessive standing. But in every case terrible throbbing pains bring agony to the sufferer. For the success- ful cure of ulceration be sure to apply regular dressings of Zam Buk. This famous herbalointment soon banishes itching and pain. It destroys poison germs, dries up bad matter and heals without a scar.
t
LX, 2008
Safe,
HEALING
For
LEG SORES
-Zam-Buk Never Leaves Ugly Scars
ZAM-BUK
Herbaf OINTMENT
V.9. DOLLARS Business was done at 30 11/16 for cash. There were sellers at 30 5/8 Cash-August and 30 9/16 Sep- tember-November, "buyers at 30 11/16 May-September and probab- ly 30 5/8 October-November;
SHANGHAI DOLLARS Business was done at 102 5/8 for cash. There were sellers at 102 9/16, buyers at 102 11/16 for cash. SHANGHAI MARKET
There were sellers of Sterling at 1/2 1/2. buyers at 1/2 17/32 for Spot. US Dollars, sellers at 29 29 7/8, buyers at 29 15/18 for Spot. IN THE AFTERNOON The market was quiet in the afternoon,
IN STERLING
No business was reported, finish- ing with sellers at 1/2 29/32 May- December, buyers at 1/2 15/16 for any delivery.
U.S. DOLLARS
The market closed with sellers at 30 5/8 May-August, and probab- ly September and '30 9/16 October- November, buyers at 1/16 higher respectively.
ARCTIC ROUTE TO FAR EAST
Russia's Plan For Regular Shipping
STRATEGIC VALUE IN WAR TIME
Details of the Russian plan for establishing a regular shipping service during the summer months between the White Sea and the Far East by the Arctic route are. published in a German Admiralty journal, writes
a Home shipping correspondent.
The development of this route is making excellent progress, and zome 25,000,000 was included in the 1936 Soviet budget for tinuing the work
con-
The strategic importance of the new highway to the Far East is emphasised in the Russian Press. In the event of war in the Pacific. Russia would not have to depend entirely On the Trans-Siberian radway for the transport of muni- tions and supplies to her Far Eastern fraat.
The terminal ports are Archan-- gel, in the White Sea; and Vladi vostok, in the Pacific.
For several years, Russian mer- chant ships have been using the Arctic route, assisted by ice- breakers and aircraft, and during 1936 they transported over 20,000 tons of cargo and 400 passengers. By 1940. the Boviet Govern- ment's plan is carried out accord- ing to timetable. 44 ships with 2 cargo capacity of 352,000 tons will be, trading between the White Bea, the Polar lands, and the northernmost Siberian ports; three larger ships will be running re- gularly from Archangel-Murmansk to Vadivostok, and two others In the reverse direction.
A special service la to be main- tained between Murmansk and Petropavlovak, in Kamtchatka,
VALUE OF AIRCRAFT The unusual severity of ice con- ditions this year yielded valuable experience. It was found that the small aircraft carried on board the icebreakers for reconnottring were unsuited for 'the work; from now onwards powerful shore-" based aeroplanes are to be used for Ice reconnaissance.
grams Douglas Aircraft Du Pont Electric Boat
Elec. Bond & Share
Elec. Bond & Share
sa pf.
Firestone Tire & R 351 Patote ng
Gen. Asphalt ...... Gen. Cigar
Gen. Railway Signal Gillette Bafety Razor Glidden
Gold Dust Goodrich (BF.) Goodrich $5 PL Goodyear
before the whole coast is equipped with the necessary lighthouses, buoys, and direction-inding sta- floda.
Dickson Island has a first-class
OLD PESETA NOTES STILL VALID
Burgos, May, 10. The old peseta notes issued by
AND STRAITS.
THE S.8.BENARTY."
"MONSIGNEES of Cargo are hereby
informed that all Goods are being landed at their risk into the hazardous and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Godown Oo., Ltd., whence and/or from the harves Delivery may be obtained, No Claims will be admitted after the Goods have left the Godowns, and all Goods
andelivered after the remaining
1837, 14th May, will be subject to Bent. All Claims against the Steamer must be presrated to the Undersigned on or before the 28th May, 1937, or they will not be recognized.
To comply with the tieneral Bonded Warehouse Regulations, consignees must have a Revenue Officer in attendance when damaged dutiable goods are examined
All broken, chafed and damaged Goods are to be left in the God was, where they will be examined on the 11th May, 1937, at 9 am, by Messrs. Carmichael & Clark.
No Fire Insurance has been affected. Bill of Lading will be countersigned by
W. H. LOXLEY & CO. (CHINA) LAD.
Agants,
Hong Kong, 7th May, 1997
IMPORTS OF HIDES
IN CANADA .
marked
OTTAWA, Canada—A increase in imports of hides and skins-by Canada-during the month of February as compared with the corresponding month a year ago
NOTICE TO CONSIGNEES
OCEAN STEAM SHIP CO, LTD. AND
CHINA MUTUAL STEAM › NAVIGATION CO., LTD.
(YONSIGNEER per Co.'s Vessal
"MENESTHEUS"
FROM UNITED KINGDOM TIA SINGAPORE
are hereby notified that their Cargo will be dit charged into Holt' Wharf, Kowloon, where it will lo at Consignees risk and subject to Terms and Conditions of Storage at Holt'a Wharf. The Cugo will be ready for Delivery from Godown on and after 10th May,
Optional Cargo will not be handed here, unless Notice has been given prior to Vessel's arrival, but carried on from port to port to the final port of call
to which the option extends,
All broken, chafed and damaged floods are to be left in the Godowns, where they will be examined on any Tuesdays and Fridays between the hours of 10.45 1. and Noow within the Froe Storage period.
No Claims will be admitted after the Goods have left the Vossel's Godown and all Goods remaining undelivered after the 17th May, will be subject to Kent.
All Claims against the Vessel must be presented to the Undersigned on or before the 31st May or they will not be recognised:
No Fire Insurance will be affected.
BUTTERFIELD & SWIRE
Agents. 10th May, 1937,
(5971
HAMBURG-AMERIKA' LINIE.
NOTICE TO CONSIGNEFA,"
indicates, to some extent, the in-THE M
in
HAVELLAND"
creasing activities of the Canadian Leather
baving arrived from Hamburg and Industry. Imports
Forts of call, Consignees of Cargo are February totalled 33,910 cwts: valu hereby notified that their Goods are
ed at $504,060 as compared with being landed sed placed at their risk into 24,815, cwts valued $294,070 a year the Hong Kong & Kowloon Wharf & ago. February's imports included Godown Company's
may be obtained as 200 26,765 cwts.
of cattle hides of where delivery, my godowns st Kowloon, which 10,563 cwts, came from Ar: the Goods are land not be. landed
Optional Cargo gentina, 6,178 cwts, of sheep skins, principally from New Zealand and 973 cuts of other hides, skins and pelts mainly from the United States.
£7,500,000 FORTUNE
A Roadmender: And A Foreman Among Claimants
Cape Town,
here, unless Notics has been green 18 Loure prior to Vessel's arrival, but carried on from port to port to the final port of call to which the option extends.
No Claims will be admitted after the Gooda hare left the Godowns, and all
Goods remaining undelivered after the 17th May, 1987, will be subject to Bent.
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on 16th May, 1937, at 10 am, by our Burveyors, Mesara, Goddard & Douglas.
To comply with the General Bonded Warehouse Regulations consignees must have
a Revenue Officer in attendance when damaged dutiable goods are examined.
A roadmender and u farm fore- man are among the 200 claimants to a £7,500,000 fortune which is
All Claims must reach us before the now due for distribution, NY
They are. Mr. Richard. Kitching,10th June, 1887, or they will not
be
recognizat who lives at Malmesbury, Cape No Insurance will be effected.
Bill of Lading will be countersigned by
JEBSEN & 00
harbour, where a large coal- the Bank of Spain can be ex- bankering depot, equipped with changed for new ones up to and cranes and transporters, has been including May 25, states a decree bullt. Other harbours are under published in the official gazette of Province, and Mr. Aple Roelofse, construction at Tiket Bay-near the Nationalist Government. The who works on a farm in the the Lens delta-Provodenia Bay, old banknotes not exchanged by Knysna district, Cape Province... and in the Kolima delta
The fortune was amassed during Hong Kong, 10th May, 1887." May 25, will lose the validity. Frantocean News Service.
the last century, by a Dutchman, Cornelius van Antwerpen. On his
RIVERS BUSIER The opening or the Arctic route has greatly stimulated traffic on the Siberian rivera.“ Not only the Aerodromes have been bullt at Yenessel and the Qb, but the Dickson Harbour, at the mouth of rivers Kolima. Plassina, Jan and the Lena river, and at several | Indirka now have their Own places further towards the East, | nouitas, and so great is the de- so that ships now receive reliable mand for new vessels that the news of ice conditions
local shipyards cannot cope with
Already 100 observation stations are inactive operation, along the route, but it will be three years
it.
One of the pioneer Icebreakers, the Litke, which made the passage
from Murmansk to Vladivostok, recently returned to Europe via Canada, the Panama Canal and England to be available, for the coming season.
Two" every powerful new ice- breakers, each carrying three air craft and a catapult, are building in Russia for service on the Arctic,
route:
Agenta.
[5260
death, it was found that he had had two daughters, one of whom left 27,500,000 to the descendants married Mr. Roelofse's grand- of his only daughter, on condition father, that the money should not be dis- He finds the prospect of the for- tributed until February, 1937. tuns something of a trial, however. Mr. Roelofse has both his own A poor man with four children, he and his mother's birth certifcates Has worked on the farms as foreman, to back up his claim, which is for some 18 years. Now, the tele- based on the fact that he believes | phonis-bell rings Incessantly, and the old Dutchman's daughter, mar-friendly, neighbours and relatives ried a man named Thysse. Theyyip with one another to help him,
48
451
Kennecott Copper
69 662
52
511
Lambert Corpn...... 124 121
22
21
Loew's Inc.
787 701
35*
341
Lorillard
221 221
867
841
McIntyre Porcupine
521
453 1657
91
McKesson & Robbins 451" Monsanto Chemical 87. Montgomery Ward 537 Murray Corpn........ 144
-
451 867* 512
13)
191
Nat Cash Reglator .. 331
33
53
514
Nat Dairy Products 23
221
922
687
Nat Distillers
311
301
30
297
Nat Power & Light
101
91
164
: 18
New York Central ...
48
451
29 *
281
Niagara Hudson P.,
L
· 90 *
Corpn. ............ North American ......
137
134
25
24+
WEDNESDAY, MAY 12, 1937.
YORK STOCK EXCHANGE
(Through Ranter's Service!
Change
Last Today's High Low Close Close
"4.83-11/18 483-15/18 †_up 13.08 12.85 1408 13,40 1 off 1182 12.63 1284 12.67 .17 off 07 of
off
13
DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE Sailings
Preddens Liners frequens meilings and their unique stéporer privilege aliem you to travel just envuelty ai you choose, And Dollar Blasmably Lines and ẩmerican Máll Line worldwide offore and agente see maintainesī to serve you "ashore in whatever place you chates to de. Make your next trip mpre enjoyable, travelling “Tha proektent fins way."
TO SKATILE, VICTORIA - "THE EXPRESS ROUTE"
TO SAN FRANCISCO NEW YORK AND BOSTON
Via Shanghai, Kobe, Yokohama, Honolulu, San Francisco, Panama Canal and Bavana. Pres. Lincoln 8am. May 19th Pres. Coolidge Nooa June 3rd Pred Wilson 8am June 16th Pres. Hoover Noon June 26th Frea. Cleveland M'night July 13th Fres Coolidge Noon July 24th
EUROPE, NEW YORK
Via Manlia, Singapore, Panang, Colombo, Bombay, Suez Canal, Naples, Genoa and Martellen. Pres. Van Buren Sam. May r Pre-, Garfield
Pres. Hayes Pres. Monroe Pres. Adams Pres. Harrison
Via Shanghai, Kobe and
Yokohama
Pros. Grant M'night May lat) Pros. Jackson M'aight June 4th Pres Jefferson M'night lane 18th Pren McKinley M'night July 2nd M'night July 16th Pres. Grant Pres. Jackron, M'night July 30th
MANILA
THE MOST FREQUENT
SERVICE
Next Sailings Pres. Grant
2:
6 p.m. May 17th 8.m. June 8th Pres. Van Buren 8 am May 23rd
8 a.m. June, 20th Pres. Coolidge 8 am. July 4th Prea, Jackson 8am. July 18th Pres. Garfield 9am. Aug. 1st Pres. Wilson
A
pam. May 27th
6 p.m. May 29th
Ram. June 6th
M'night June 8tb
MOST FREQUENT SERVICE ON THE PACIFIC
11
DOLLAR STEAMSHIP.LINES
· AMERICAN • MAIL • LINE *
PADDER BUILDING-HONG KONG,
CANTON BRANCH —9), FRENCH CONCUSSION, SHAMZEN,
CONSIGNEES' NOTICE.
CONSIGNEE NOTICES.
321
Northern Pacific..... 341
331
*273
20+
"Paclic Gas & Elec.
304
Pacific Lighting
.45
291 44+*
THE BEN LINE STKAMERS, LTD.
861
84
Packard Motors ...... 91
J
2
FROM LEITH, MIDDLESBRO.
384 35, **251
Paramount
201
20
ANTWERP, LONDON
251
Pennsylvania R.R.
444
431
45
Phelps Dodge .......
Phillips Petroleum . 651 55
31
29
Public Service of N.J. 414 · 414
Pullman Inc. ......
78
-Pure Ou
181 181
1694
1611
Radio Corpn' of 'Am.
BL
121
Republic Steel.........
381
Reynolds Tobac. "B"
501
91 36" 501
397
37;
St. Joseph Lead Co.
68.
54
Schenley
441
+441
151
Schenley 54% pl....
94
34
Corpл. 81
BO
Sears Roebuck
87+
851
56+
Shell Union Oll
30
281
112
Socony-Vacuum
191
181
13
Southern Cal Edison 247
241
94
Bouthern Pacific
39
372
63
Southern Riy 5% pl. 511
48+
15+
Stand Brands ..........
131
13
21
Stand Gas & Elec.
82
81
Stand Gas & Elec.
52 *
541
$7 pf. ....
51.
44
20
1564
74
424
44
49
ཚོཨྰཿཨཽཨྰཿཀྰ་ཨྰཿཀྰཎྜ ཨྰཿཀྰ ཙ ăཨྰཿཡྻཨྰཿ སྐུ སྐ
371
Standard Oil of NJ. 674
151
421
Sterling. Products .... Swift
65.
International 311"
65 *
65
Technicolor
221
501 661 654 31 221
57
51
Texas Gulf Sulphur 37
361
18+
181
Tidewater Assoc. 01. 18 Timken-Detroit Axle 231" Transamerica
173
233
14h
141
128
22+
20th Cent. Fox Films 37} 20th Cent. Fox Films
pf.
37
46 451
524
51
Un, Carbide & Car-
1551
bon
.99
971
191 19
Un. Pacific
1431
142
187
171
United Aircraft
252
25
Un. Airline Trans-
66.
65 *
port
183
16"
United Corpn..
Si
5
771
United Corpn. $3
19
cum pt.
401
401
731
34
Un. Gas Tprovem't 131 Un. Light & power
"A"
13
US, Industrial Alco
33+*
33
امت
41
U.S. Rubber
87..
36 351 59
61
371
531
52
US. Rubber 38 pf 881
85
JJ
581
U.S. Steel
45 *
45
Vanadium
1037 29
Warner Bros Pict.
991 23 127" 124
231 23
Westinghouse
Mec. 1387 Youngstown' Bheet
130
431
& Tube .....
89 | 851
421
811
Chase National Bk. 527* National City Bank 467*
511
451
41
·30)
Call Money
1%
1%%
t ex div.
Bid